Examlex
The discrimination of a stimulus from background noise and the decision that the stimulus is present combine in the view known as
Predetermined Overhead Rate
A rate used to allocate indirect costs to products or services, based on estimated overhead costs and an allocation base.
Direct Labor-hours
The sum of time spent by employees directly involved in the creation of a product, often used to allocate manufacturing costs.
Manufacturing Overhead
All indirect costs associated with the production process, including utilities, maintenance, and salaries of non-direct labor.
Predetermined Overhead Rate
A rate used to allocate indirect costs to products or services, calculated before the accounting period begins based on estimated costs and activity levels.
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